Stocks: Choppy trading ahead

NEW YORK (CNNMoney) -- After strong gains last week, trading could be choppy Monday, with little major economic or corporate news expected.

The Dow Jones industrial average (INDU), S&P 500 (SPX) and Nasdaq (COMP) futures were mixed ahead of the opening bell. Stock futures indicate the possible direction of the markets when they open at 9:30 a.m. ET.

In a highly anticipated announcement, Apple said Monday that it would pay a $2.65 a share quarterly dividend and repurchase $10 billion in shares over the next three years.

The company will hold a conference call ahead of the opening bell to elaborate on its decision-making process. Apple has nearly $100 billion in cash and marketable securities on its books. (see correction below)

Bank stocks may also be in focus, following reports that the Federal Reserve made some minor corrections to its stress test results. Shares of Bank of America (BAC, Fortune 500) and Citigroup (C, Fortune 500) were up slightly in premarket trading.

Companies: Starbucks (SBUX, Fortune 500)will open its first Evolution Fresh juice bar on Monday in Bellevue, Wash., four months after the coffee giant acquired the juice business. Starbucks will also start distribution of the brand Monday to grocery stores.

Shares of Domino's Pizza (DPZ) were up more than 5% in premarket trading Monday, after the company announced a one-time dividend of $3 per share to be paid on April 2.

Economy: Housing will be in focus this week, with reports due on new home sales, housing starts and existing home sales.

Monday, the National Association of Home Builders will release the March installment of its Housing Market Index. The index is expected to stand at 31 for March, according to a survey of analysts by Briefing.com, up from 29 last month.

While recent reports on the job market and the banking sector have given credence to beliefs that the economy is on the mend, the housing market is still struggling.